VIQ Solutions Provides Update on Voluntary Administration of Australian Subsidiaries

Richmond Hill, Ontario–(Newsfile Corp. – June 4, 2026) – VIQ Solutions Inc. (TSXV: VQS) (“VIQ Solutions” or the “Company“) today provided an update on its Australian division, consisting of VIQ Australia Pty Ltd, VIQ Solutions Pty Ltd, VIQ Solutions Australia Pty Ltd, VIQ Pty Ltd and VIQ Australia Services Pty Ltd (“VIQ Australia“), which was placed into…

Nocookies | News24

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Cooperatives commissioner gazettes liquidation of Kuscco, ending over 50 years of service – Capital FM Kenya

NAIROBI, Kenya, Sept 2 – The Commissioner for Co-operative Development, David K. Obonyo, has gazetted the liquidation of the Kenya Union of Savings and Credit Co-operatives Union Limited (KUSCCO) after the loss of billions of shillings through internal mismanagement. The decision to liquidate the union was agreed upon by members after the umbrella body faced…

Termination of Insolvency Process Cannot Be Challenged When Order Also Granted Relief: Supreme Court

The Supreme Court has dismissed a creditor’s appeal against the termination of a company’s insolvency process, observing that it failed to understand how the order could be challenged when the proceedings had been terminated and relief had also been granted through that termination. “Termination of legal proceedings cannot be a ground for assailing the same…

Supreme Court clarifies scope of veil piercing and group insolvency under the Code

In brief In a recent decision1 the Supreme Court examined whether development rights and leasehold interests held through subsidiaries and special purpose companies could be considered within the Corporate Insolvency Resolution Process (CIRP) of the holding company under the Insolvency and Bankruptcy Code, 2016 (Code).  The dispute arose from the insolvency proceedings of A Co.,…

Business insolvencies fell in May

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than the same month in the previous year (2,231 in May 2025). The insolvencies consisted of 285 compulsory liquidations, 1,423 creditors’ voluntary…